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    Main St Kernersville, NC 27284

    For Lease
    Contact for pricing

    5.5-Acre Retail Land, High Traffic

    Lot size:
    239,580 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5.5-acre outparcel presents a prime retail investment or development opportunity in Forsyth County. Zoned Light Business Special (LB-S), this single-tenant site boasts an enviable location with high visibility and significant traffic volume. The property's strategic placement ensures maximum exposure, benefiting from proximity to a strong tenant mix including Sheetz, East Coast Wings, the North Carolina Department of Motor Vehicles (NCDMV), and the North Carolina License Plate Office. This established commercial corridor guarantees a steady stream of potential customers. The site is ideally suited for ground lease or build-to-suit development, offering flexibility to tailor the property to specific business needs. Supporting the property's potential is the robust surrounding demographics. Within a five-mile radius, the population exceeds 55,000 residents, with an average household income of $83,761. Daily traffic counts reach 22,000 vehicles per day (VPD), ensuring high visibility and accessibility for any business. This exceptional location and strong demographics make this outparcel an unparalleled opportunity for long-term growth and profitability. The absence of an existing building provides a blank canvas for a custom-designed development, perfectly suited to capitalize on the area's thriving commercial environment. This is a rare chance to acquire a significant retail parcel in a high-demand location.

    Property Features for 0 Main St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    239,580 SF

    Unit(s) available at that property

    Space
    Available Lot (5.5 acre)
    Size
    239,580 SF

    HighLights

    • Strong tenant mix including Sheetz, East Coast Wings, and the NC DMV & License Plate Office.
    • 5.5‑acre outparcel located within a 5‑mile radius of a population of 55,517.
    • Average household income within a 5‑mile radius is $83,761.
    • High traffic count of 22,000 vehicles per day (VPD).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hallah I. Akhtar, ... Pharmacy Kyles Coffee Coffee Shop The UPS Store Shipping And Mailing Service Walmart Bakery Bakery N.C.D.M.V Driver's License Driver'S License Office

    Map

    City
    Kernersville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.0536918
    Latitude
    36.1345525

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    FAQs

    What type of property is this?
    Individual retail property - 5.5-Acre Retail Land, High Traffic
    Where is this individual retail property located?
    The property is located at Main St Kernersville, NC.
    What are key features of this property?
    This property features: Strong tenant mix including Sheetz, East Coast Wings, and the NC DMV & License Plate Office.; 5.5-acre outparcel located within a 5-mile radius of a population of 55,517.; Average household income within a 5-mile radius is $83,761.
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    Main St Kernersville, NC 27284
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Main St Kernersville, NC 27284
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